PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. percent since 2012. According to the Federal Reserve , U.S.

Millennials 145

Millennials Lending Data System 145

PYMNTS

MARCH 10, 2017

Pushed by a surging stock market, U.S. The big bounce has some market watchers excited — the gains may predict a spending surge that will further lift the U.S. household wealth popped a 2.3 percent increase during the last three months of 2016, landing at a total of $92.8

Millennials 100

Millennials California Capital Marketing 100

PYMNTS

JUNE 26, 2018

The Pet Insurance Market. Market Potential. million in 2012 to $242.7 Millennial Demand. Millennials, in fact, “who make up the majority of pet owners, expect to spend more on their cat or dog’s healthcare than their own,” CNBC reported, citing a study by TD Ameritrade. billion in 2018,” reported Pet Business.

Millennials 117

Millennials Policies Industry New York 117

PYMNTS

JANUARY 10, 2018

Athleta was founded by Scott Kerslake in the early 90s after a bike trip with female friends introduced him to a problem he had never considered in his work in information technology: Women’s athletic wear was a weak market, lacking in options that were both durable enough to workout in, and fashionable enough to be seen in public.

Millennials 105

Millennials Branding Retail Marketing Strategies 105

PYMNTS

MARCH 24, 2020

In large markets such as China, the United States and India, mobile payment is very popular. In separate news from December, Xiaomi , the biggest smartphone company in India, is offering a credit platform meant to bring in millennials and young professionals in the country.

Mobile 108

Mobile Payments United States Cards 108

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. The country’s annual Singles’ Day is a marketing event supposedly rooted in the pride that many Chinese consumers take in being single. Singles’ Day. It takes place on Nov. Big Growth.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

FEBRUARY 13, 2017

Kroger reportedly became a minority owner in Murray’s Cheese back in 2012. The reality of this is especially apparent in the recent numbers from a combined Food Marketing Institute (FMI) and Nielsen study that puts as many as 70 percent of U.S. The rates were considerably higher among millennial consumers ( go figure ).

New York City 123

New York City Millennials New York Online 123

Accenture: Banking

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers? Profitability.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

JULY 29, 2019

At the same time, two of her brothers are boat owners, and they were complaining in 2012 that they were going to have to sell their boats because they hadn’t used them once in the entire year. When it comes to the company’s market, Baumgarten says one of its fastest-growing segments are GenXers and millennials.

Course 121

Course Millennials Miami United States 121

PYMNTS

JANUARY 10, 2020

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that includes a shopping assistant and rewards program. The Collison brothers had founded Stripe, but it would be a year before it would be in-market. Battle For Millennials. PayPal Finalizes $4B Honey Acquisition.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

MARCH 11, 2016

As then-Senior Brand Director Paul Smailes told Ad Age in 2012 of the logic behind using an older protagonist, younger beer consumers would not “see him as a threat or as a reminder of accomplishments they hadn’t achieved yet,” but instead that they “needed to be someone to work toward, versus a mirror of themselves.”

Millennials 100

Millennials Branding Course Marketing 100

PYMNTS

JULY 31, 2019

Back to 2012. According to Blue Apron’s own website and other reports , the story begins way back in the halcyon days of 2012. In 2012, 20 of Salzberg’s friends beta-tested the product,” the article stated. It won’t be something that you hear a lot of or get marketed to a lot. The timing seemed perfect.

Industry 110

Industry social media New York City Retail 110

Celent Banking

APRIL 23, 2015

Another observation is that much of the debate is deeply polarized – all or nothing – as if banks serve a static and homogeneous market. We hear it all the time; “Millennials don’t use branches.” “Old Interestingly, this appeared to be more likely among large banks. Neither is true. Old people don’t use digital channels” and so on.

Survey 100

Survey Mobile Millennials ATM 100

PYMNTS

MAY 19, 2016

Housing mini Sephora stores within the department store chain’s larger footprint has allowed the retailer to both attract a younger (read: millennial), more product-savvy beauty consumer, while introducing its core customers to new products and brands. And that growth has continued.

Retail 100

Retail New York City Strategy Millennials 100

PYMNTS

SEPTEMBER 30, 2019

The industry has grown nearly 8 percent since 2012 and accounts for more than 120,000 jobs. No doubt — that’s why other young companies are striving for a piece of this market. If renters are in Roo’s geographical markets, they can visit its website to browse listings for storage. Nearly 10 percent of people in the U.S.

Policies 117

Policies Industry Millennials Operations 117

PYMNTS

JULY 31, 2019

Back to 2012. According to Blue Apron’s own website and other reports , the story begins way back in the halcyon days of 2012. In 2012, 20 of Salzberg’s friends beta-tested the product,” the article stated. It won’t be something that you hear a lot of or get marketed to a lot. The timing seemed perfect.

Industry 100

Industry social media New York City Retail 100

PYMNTS

MAY 29, 2018

” A boom in eCommerce shipping, along with electronic driver monitoring devices, has made the already tight truck driver market worse, CNBC previously reported. Steve Viscelli, a sociology professor at the University of Pennsylvania who studies labor markets and automation, told CNBC that, overall, eCommerce has had a “huge effect.”

US 102

US Pennsylvania Retail Study 102

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A trillion-dollar market cap later, it’s hard to argue Amazon’s effectiveness, quote attribution notwithstanding. According to our figures, about 24.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

DECEMBER 14, 2019

If you haven’t heard – well, someone in Disney’s marketing department is about to be fired, since the House Of Mouse (and superheroes, Wookiees and Jedis) has been fairly unsubtle in its attempts to make sure the entire U.S. By the time Disney came to call in 2012, Lucas was worth $3.3 billion in box office returns and $4.5

Maine 170

Maine Retail Innovation Millennials 170

PYMNTS

FEBRUARY 9, 2017

The first edition of the PYMNTS Gig Economy Index™ found that millennials typically change jobs four times within the first 10 years of graduation, compared to just two job changes in their parents’ generation. And Eurofound’s data shows that just 20 percent of temporary workers in Europe have transitioned to full-time work since 2012.

Regional 100

Regional Comparison New York Millennials 100

PYMNTS

NOVEMBER 3, 2016

Up until the end of the 1990s, Peoria was a favored test market. As for its shoppers’ racial backgrounds, Target shoppers are predominantly white, at over 60 percent, but have shown strong growth particularly among Hispanic millenials since 2012.

Meeting 100

Meeting San Francisco Millennials Retail 100

PYMNTS

AUGUST 14, 2017

Take a look at this chart, which lays out grocery chain market share. Walmart has the largest market share at 14.2 In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

AUGUST 26, 2016

While Snapchat is popular among Millennials, Facebook is steadfastly a Baby-Boomer favorite , so it looks like Apple is maximizing target market opportunity. A previous foray into social networking by Apple, Apple Ping, was introduced in 2010 and nixed by Tim Cook in 2012 when iTunes 7 was released.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

APRIL 4, 2019

After hitting a peak a little north of $12 trillion in 2008, household debt began contracting in 2008 and kept falling through 2012, according to the Federal Reserve Board ’s Financial Accounts of the United States. The trigger, of course, was the Great Recession and consumers and banks pulling the credit levers back and hard.

US 116

US New York Trends Report 116

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Tech companies are chipping away at the traditional bank’s market share. get the full 45-page disrupting investment banking report.

America 101

America Lending Cards Capital 101

PYMNTS

JULY 23, 2018

May 2018’s household income numbers were up nearly 2 percent from last year, they say, due largely to increases in base compensation resulting from a tightening labor market. That sounds pretty good in a market in which wages are stagnating — with base comp rising at 0.5 Are the more than a third of U.S.

Cards 122

Cards Groups Report US 122

PYMNTS

APRIL 17, 2017

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). Square has come a long way from being an mPOS solution for cash-based glass blowers and farmers market purveyors.

Apple 110

Apple Capital Cards Payments 110

PYMNTS

NOVEMBER 14, 2017

” The study examined data from TransUnion that identified about 90,000 customers who had taken out an online loan between 2007 and 2012. Online] loans resemble predatory loans in terms of the segment of the consumer market they serve and their impact on consumers’ finances,” the Cleveland Fed team concluded. The verdict?

Study 101

Study Lending Online Cleveland 101

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. In a 2012 interview, then-CEO Ken Powell reported that one in four trips to the grocery store included the purchase of at least one of its products.

Innovation 135

Innovation Online Branding El Paso 135

Jeff For Banks

MAY 31, 2017

I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). In Brett King's 2012 book, Branch Today, Gone Tomorrow , he called for a 50% reduction in branches while asking what would banking look like in 2015. The red: millennials. Common sense.

Branch Strategies 60

Branch Strategies Groups DC Fintech 60

PYMNTS

NOVEMBER 21, 2016

and other markets. ” “They expect to be able to apply for a loan while sitting on their couches with their iPads,” he continued, adding that the rise in millennial-owned SMEs could be a driving force behind this. Financial institutions are themselves businesses, after all, and the bottom line is always in sight.

Lending 100

Lending Meeting National Community 100

Alex Jimenez

AUGUST 28, 2018

"Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Fintech Growth. The Fintech Ecosystem. Fintech Revenue.

Fintech 40

Fintech Case Study Study Millennials 40

PYMNTS

JUNE 21, 2016

Recent market research performed by the NPD Group revealed that delivery traffic outside of pizza has expanded by 33 percent since 2012. The market is still new and exploding … clear winners are yet to be decided,” Duncan explained. Since emerging on the scene and opening up culinary choices for diners across the U.S.,

Operations 102

Operations Resources Technology Boston 102

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” It’s even harder when your target market would rather never think about what you’re trying to sell them — retirement, for example. Below, we’ll show you: How to use pre-launch marketing to build trust and hype.

Tools 78

Tools Millennials US Mobile 78

Jeff For Banks

DECEMBER 1, 2015

So went the 2012 press release announcing the opening of the next generation of the bank branch. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. It is possible to view branch profitability in market clusters, if the cohesiveness of a community spans multiple towns.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

PYMNTS

JUNE 4, 2018

By 2012, only 64 percent of consumers reported watching primetime television “live” — down from 83 percent just four years earlier. Millennials loved it even more: Only 57 percent reported watching primetime TV live that year, opting instead to watch prerecorded and/or streaming video or to play video games.

Video 113

Video Innovation Branding Google 113

CB Insights

AUGUST 16, 2017

AvidXchange , a fintech startup that automates invoicing and payment processing for midsize companies, aims to use its Q2’17 funding round to enhance its SaaS product offering and expand into new markets. The millennial-focused startup has over two million accounts, with 90% of users under the age of 35. Valuation: $1B.

Meeting 68

Meeting US Capital North Carolina 68